Quote:
Originally Posted by lifelongMOgal
At what point does the potential taxation of "unearned income" avenues outweigh the return?
|
at 1st dollar of tax,
Quote:
Originally Posted by forest beekeeper
Fortunately there will always remain investments that provide a good tax-shelter.
|
I am careful to avoid the phrase
"always", especially in the current piranha feast of $$.
Quote:
Originally Posted by maf763
As it would only affect couples making over $250K, no.
|
Unlikely to stay at $250k.
#1) who provides jobs (hint; many people making $250k +)
#2) how hard is it to shift income to another source / location (EZ... move company to a US protectorate - poof, revenue gone... FOREVER)
#3) ($250k) cap will not stick, it will trickle down till gov coffers are full, and you are running on empty. (trust me)
#4) with proposed inflation numbers to fill budget gaps, many salaries will be $250k in the future (probably future poverty level)
#5) As a strategic government policy, you don't usually play
'Pin-the-tail-on-the-donkey'
(I can just picture this in the 'garden' of the White house, with the OB family laughing and running around with thumbtacks and donkey tails.
, I'm serious, this is a very clear and likely 'image')
These guys are clowns....
Quote:
Originally Posted by lifelongMOgal
At what point does the potential taxation of "unearned income" avenues outweigh the return?
|
I'm not playing their game, you can if you like.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
